摘要5-6
Abstract6-8
Chapter 1 Introduction8-10
1.1 Research Background8
1.2 Research Purpose8-9
1.3 Significance9
1.4 Research contents9-10
Chapter 2 Literature Review10-16
2.1 Financial C rises in American and Europe10-13
2.1.1 American Subprime Crisis10-11
2.1.2 Europe Debt Crisis11-13
2.2 Sovereign Default13-16
Chapter 3 How debt default impacts Sub-Saharan Africa16-42
3.1 Sub-Saharan Africa Financial Sector16-19
3.2 Impact on Sovereign risk19-24
3.3 Impact on Capital Flows24-39
3.3.1 Foreign Direct Investment(FDI)24-26
3.3.2 Liquidity risk26-29
3.3.3 Migrant remittances29-32
3.3.4 International trade32-39
3.3.4.1 Trade finance32-35
3.3.4.2 Vulnerabipty to trade with the EU35-38
3.3.4.3 Trade openness38-39
3.4 Expected Consequences39-42
3.4.1 Reduced economic growth39-40
3.4.2 Reduced spending on social sectors and slower progress on MDGs40-41
3.4.3 Increased unemployment,vulnerabipty and poverty41-42
Chapter 4 Popcy response42-50
4.1 Monetary and Exchange Rate Popcies43-47
4.1.1 Introduction of Monetary Union43-44
4.1.2 CFA Fran4-47
4.2 Financial Sector Popcies47-48
4.3 Fiscal popcy options48-50
Chapter 5 Conclusion50-52
Bibpography52-55
Acknowledgements55-56
卷内备考表56